Japan economic panel urges $400 billion investment to boost SME productivity

Japan Eyes Creating Think Tank to Analyze Economic Security; Tokyo Hopes to Boost Cooperation with Like-Minded Countries

The government is putting together plans to establish a new think tank for conducting comprehensive research on economic security.

Japan economic panel urges $400 billion investment to boost SME productivity

TOKYO :Japanese Prime Minister Shigeru Ishiba's economic advisory panel recommended investment of $400 billion to boost productivity at smaller firms, a crucial segment in the government's quest to achieve wage growth well in excess of inflation. The panel, tasked to compile key economic policies for the gov

SMEs want efficient systems, not sympathy

“We do not need handouts. We need systems that work for small businesses, not against them.” By: Mpho Shelile MASERU Lesotho’s small and medium enterprises (SMEs) play a pivotal role in the nation’s economy, contributing significantly to employment and GDP. Recent developments, however, have presented both challenges and opportunities for these enterprises, particularly in the export sector. SMEs constitute approximately 76% of all firms in Leso…

SMEs: The core of the economy

Small and medium sized enterprises (SME) are often called the economic engine of the economy but these businesses often face difficulty accessing financing for growth and other opportunities. A new white paper by the International Credit Insurance & Surety Association (ICISA) outlines the vital function that trade credit insurance (TCI) plays in today’s economy and how it can support this crucial segment. ICISA White Paper